German stock market today: DAX slides as Airbus sinks, BASF hit by Barclays cut; Vonovia climbs
Germany’s DAX fell 0.9% to 25,041 by mid-afternoon Thursday, led lower by Airbus, down 6.9% after cutting its jet production target, and BASF, down 2.1% after a Barclays downgrade. Vonovia rose 1.6% on a Morgan Stanley upgrade. Oil prices climbed 1.5% amid U.S.-Iran tensions, weighing on European shares. Traders await Friday’s flash PMI surveys for growth signals.